FRANK NORRIS FOUNDATION TIMBERMART SOUTH

EIN: 593338621 501(c)(3) Social Science

ATHENS, GA

Total Revenue
$766,748
Total Expenses
$629,739
Total Assets
$1,453,635
Net Assets
$1,448,531
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
DE
Principal Officer
JONATHAN SMITH
Phone
7062477660
Tax Period
2024-07-01 to 2025-06-30

FRANK NORRIS FOUNDATION TIMBERMART SOUTH, founded in 1995, is a small nonprofit in the Social Science sector that reported $767K in total revenue in fiscal year 2024. The organization ran a surplus of $137K, a strong 18% operating margin.

Mission

RESEARCH AND FORESTRY DATA

Program Service Accomplishments

Program 1
Expenses: $570,959

The Foundation publishes data for subscribers in industry, government, private foundations and general public. The Organization has approximately 600 subscribers/clients and produces four quarterly...

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The Foundation publishes data for subscribers in industry, government, private foundations and general public. The Organization has approximately 600 subscribers/clients and produces four quarterly publications.

Program 2
Expenses: $42,457

The Foundation pays funds to institutes of higher education to support academic research in the fields of forestry. Students in the School of Forestry gain experience in timber markets across the...

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The Foundation pays funds to institutes of higher education to support academic research in the fields of forestry. Students in the School of Forestry gain experience in timber markets across the supply chain while they are participating in the research.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $727,437
Investment Income $27,423
Other Revenue $11,888
TOTAL REVENUE $766,748

Expense Breakdown

Grants Paid $15,475
Salaries & Benefits $318,757
Fundraising Expenses $0
Program Expenses $613,416
Other Expenses $295,507
TOTAL EXPENSES $629,739

Year-over-Year Comparison

2024 2023 Change
Revenue $766,748 $756,823 +0.0%
Expenses $629,739 $649,017 0.0%
Net Income $137,009 $107,806 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$89,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN SMITH EXECUTIVE DIRECTOR 40.00
$126,500 $0 $126,500
CATHY LAW Secretary 40.00
Officer
$89,000 $0 $89,000
DAVID BRANCH Director 0.00
Director
$0 $0 $0
MARSHALL THOMAS Director 0.00
Director
$0 $0 $0
MICHELE CURTIS Director 0.00
Director
$0 $0 $0
MARY ELLEN ARONOW Director 0.00
Director
$0 $0 $0
MARK WATERMAN Director 0.00
Director
$0 $0 $0
WHIT HILL Director 0.00
Director
$0 $0 $0
SCOTT JONES Director 0.00
Director
$0 $0 $0
TRAVIS MCCOY Director 0.00
Director
$0 $0 $0
JACEK SIRY Director 0.00
Director
$0 $0 $0
DAVID JENSEN Director 0.00
Director
$0 $0 $0
CHET SUMMERS Director 0.00
Director
$0 $0 $0
TODD PETTY Ex-Officio 0.00
Director
$0 $0 $0
ED SWEETEN Chairman 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $766,748 $629,739 $1,453,635 $137,009
2024 $756,823 $649,017 $1,294,372 $107,806
2023 $749,165 $528,012 $1,160,198 $221,153
2022 $728,059 $483,078 $900,571 $244,981
2021 $638,161 $493,210 $731,285 $144,951
2020 $595,904 $568,537 $607,547 $27,367
2019 $573,078 $556,885 $597,397 $16,193
2018 $578,171 $497,473 $539,654 $80,698
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